L- launches Livelihood Generation Training Program in Banking, Financial Services and Insurance Sector

UT Government is opening up new employment avenues for J&K’s youth in Banking & Financial Services sector: LG

Jammu:  Lieutenant Governor, Manoj Sinha on Monday launched Livelihood Generation Training Program in Banking, Financial Services and Insurance (BFSI) Sector envisaged under the MoU signed between Bombay Stock Exchange (BSE) and Mission Youth, J&K.

Speaking on the occasion, the Lt Governor said that the UT Government is opening up new employment avenues for J&K’s youth in Banking & Financial Services sector.

He observed that the Banking, Financial Services and Insurance (BFSI) Sector has received a major boost due to consumers becoming more aware about various investment options. This has unleashed the vast potential of this sector for different sections of the society in J&K and elsewhere, he added.

Underscoring the significant opportunities being offered by the banking sector, he said that various reforms have created an investor friendly environment and transformed the Banking sector into a critical part of the economy. “Our youth needs to develop skills in Banking and Financial Sector to capitalize on vast opportunities,’’ the Lt Governor added.

Addressing the shortlisted candidates for the Mutual Fund Advisors’ Capsule course, the Lt Governor said that the short term training programme will help them to begin their journey as entrepreneurs, thereby creating wealth for themselves and opportunities for many more youth.

“This is a lifetime opportunity for your career. Like a qualified professional, you need to understand the fund’s purpose and specifics and know which fund matches the interest of the investor. Later on, the certificate required from the National Securities Markets Institute (NISM) will also help you in that”, observed the Lt Governor.